Baljeet Singh Randhawa
Finance
Pune
Summary
Master of Business Administration (Finance), 9 years experience in Financial planning and Analysis, Financial Modeling,Financial Reporting with Deloitte, Accenture, British Petroleum, Johnson Controls, Internship Chartered Accountancy, Handled team of 3-4 Analyst, associates, ERP used SAP, One stream.
Power BI skills,Data Visualization
Overview
12
12
years of professional experience
Work History
Manager
Johnson controls India pvt ltd
05.2023 - 08.2024
- Financial planning and Analyst in corporate FP &A team- exposure and analysis of globe across North America, Europe -Middle east, Latin America, Asia pacific region and global products data
- Aged receivables, bad debt provision analysis of all regions
- Travel, entertainment and training expenditure review, comparison with ARN (Approval requisition number) data
- Financial rotational programme cost reporting
- FX Analysis -Impact of Local currency of entities to USD Analysis legal enties wise, region wise
- Worked majorly on One stream ERP (Earlier version of Hyperion)
- Actively support in preparation of any ad-hoc reporting requirement that may come up from time to time.
Financial Analyst (Department-Inventory)
BP Business Solutions India Pvt Ltd (British Petroleum)
01.2021 - 05.2023
- Actual Inventory versus forecasted and variance analysis and reconciliations
- Handling various types of Contracts, for e.g., Pipeline, Terminaling
- Invoice and expenses review
- Gain /Loss Analysis
- Month end Commentary and Analysis
- Research of Volume in Barrels/Gallons in various tools and reaching to various stakeholders accordingly
- Aging Analysis of receivables -to reduce the financial burden and take timely accurate measures
- Actively support in preparation of any ad-hoc reporting requirement that may come up from time to time.
Client Financial Management Analyst
Accenture Enterprise Enablement
04.2017 - 08.2020
- Budgeting and forecasting
- Forecast vs Actual Comparison and Variance Analysis- To Compare the forecast numbers versus Actual and check with leads and team the reason for variance
- FTE,Headcount Time and operating expenses variance and Trend Analysis
- Revenue Recognition- Compliance with US GAAP
- Invoice review and creation: To check the Invoice backup and Invoice breakdown and generate Invoice in SAP
- Inventory Reconciliation-To Track the variance between billings and Revenue
- And reconcile
- Trend Analysis - To Check trend of Resources time, expenses, overheads- Month on Month and Year on year Basis
- To help Internal and external Audit requirements
- Project Life Cycle Management (Start to end project tracking project and to Maintain financials
- To Pass Journal entries
- Actively support in preparation of any ad-hoc reporting requirement that may come up from time to time.
Project Controller Analyst
Deloitte Consulting India Pvt Ltd
04.2015 - 04.2017
- Budgeting & forecasting for Deloitte's individual projects and measuring performance
- Performing budget & forecast analysis for India and US service line/area
- FTE,Headcount Time and operating expenses variance and Trend Analysis
- Forecasted & budgeted net service revenue and conduct variance analysis
- Budget allocation for large accounts and effectively monitoring the usage and reporting to partners in weekly conference calls and presentations
- Monitoring project expenditures (time and expense) and ensuring compliance as per firm policies
- Pricing review for new projects and extensions to the existing deals
- Setting up financial trackers for new projects as per the statement of work (SOW) and pricing model
- To do periodic expense audit and further review with resources based on Policies
- Issue invoices to the clients
- Billing & Collection Report & follow up on the collections
- Actively support in preparation of any ad-hoc reporting requirement that may come up from time to time.
Internship of Chartered Accountancy Studies
CA Mahajan& Aibara & S Gautam Associates
09.2012 - 09.2014
- Internal Audit- Purchase to Pay, Order to cash
- Concurrent Audit-Payment Management, Stock Taking etc
- Statutory Audit.
Skills
Financial Planning and Analysis
Professional Snapshot
Budgeting and Forecasting: Develop and manage the annual budget, annual operating plan, zero based budgeting,rolling forecast
Financial Modeling: Conduct in-depth financial analysis to evaluate projects, initiatives, and investments. Provide commentaries and analysis based on financial data.
Variance and Trend Analysis: MTD, QTD, YTD, YOY variance analysis, trend analysis of P& L components – Sales, COGS, SGA, GM, etc and Balance sheet item Analysis -Aged receivables analysis.
Portfolio Handled: Handled Client of $23 Mn and $15 Mn independently from Gas and food sector- pricing, revenue recognition, variance analysis.
Revenue recognition: Performed revenue recognition as per US GAAP for various types of contracts with various methodologies -percentage of completion, cost recoverability method, etc.
Cost Control: Identify areas where cost savings can be achieved without compromising the quality or effectiveness of services.
Financial Reporting: Generate financial reports for senior management and other stakeholders. Including key performance indicators, budget vs. actual comparisons, and financial forecasts.
Stakeholder Communication: Collaborate with leaders, executives, and other stakeholders to communicate financial performance, provide insights, and align spending with the firm's strategic goals.
Process Improvement: Continuously assess and improve financial processes to streamline workflows, enhance efficiency, and reduce costs.
Transition :Various transitions from US stakeholders and preparing Standard operating procedures (SOP)
Audit requirements: Supporting the audit asks by providing them key information as requested.
Ad Hoc Analysis: Conduct ad hoc financial analysis and modeling as requested by senior management to support decision-making.
Personal Information
- Passport Number: M0582185
- Date of Birth: 11/12/87
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Extracurricular Activities
· Member of fun committee to manage FP &A quarterly events, Captain of FP &A cricket team.
Timeline
Manager
Johnson controls India pvt ltd
05.2023 - 08.2024
Financial Analyst (Department-Inventory)
BP Business Solutions India Pvt Ltd (British Petroleum)
01.2021 - 05.2023
Client Financial Management Analyst
Accenture Enterprise Enablement
04.2017 - 08.2020
Project Controller Analyst
Deloitte Consulting India Pvt Ltd
04.2015 - 04.2017
Internship of Chartered Accountancy Studies
CA Mahajan& Aibara & S Gautam Associates
09.2012 - 09.2014
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